Search
  • Chris Stone

Visualising trade data


Harvard University's Atlas of Economic Complexity provides a great visualisation of the trade data for most countries. It should make learning about trade exploratory and fun.

Here are a couple of activities I have developed to use when teaching about Australia's trade in Year 9 Economics and Business.

Activity 1

Predict whether each of these ten statements about Australia’s trade are true or false.

  • Wheat is our largest agricultural export

  • Gold is our largest mineral export

  • Education is our largest service export

  • Goods exports and greater than service exports

  • Tourism is a major service export

  • Indonesia is the country to which we export most

  • The USA is the country from which we import most

  • China is the country that we trade with most

  • Our trade with the UK has decreased over the last 40 years

  • Most of our major trading partners are European countries

Then use the online version of The Atlas of Economic Complexity at: http://atlas.cid.harvard.edu/ to test whether your predictions were correct.

Activity 2

Choose a major country that you expect to have a similar pattern in its trade data (exports, imports and trading partners) to Australia.

Use the online version of The Atlas of Economic Complexity to test your prediction by comparing your chosen country with Australia.

Write a short report on the findings from your exploration.


8 views0 comments

Recent Posts

See All

Reacting to the pandemic

It is interesting to examine what has happened to consumer spending over the past year. As we economists would predict, the impact is not even across the country or across industries. You could look a

PD from Nobel Prize winners

Here is a great PD opportunity. Wednesday, 11 November 2020 at 3:30 pm (WST) Registration is required but it is free Good Economics for Hard Times is a webinar provided by the Centre for Ideas at UNSW

Australia's changing pattern of trade

This year has seen a significant change in Australia's trade pattern - mainly due to the effects of the COVID-19 pandemic on the global level of of economic activity and in particular the effect of tr

© 2016 by EandB Education. Created with Wix.com